Ets 7 MARIE: what changed
Two financial years side by side, explained: what moved most in the balance sheet and the result, why the result rose or fell, and where the money went.
Ets 7 MARIE
Largest movements
- Receivables within one year -€56,201
down €56,201 (-54.6%), from €102,891 to €46,690
of which Trade receivables: -€63,093
- Cash -€25,791
down €25,791 (-19.7%), from €131,183 to €105,392
mainly Debts after one year (-€33,303) and Trade debts (-€29,178)
- Tangible fixed assets -€20,627
down €20,627 (-6.0%), from €344,271 to €323,644
of which Plant, machinery and equipment: -€11,377
- Debts after one year -€33,303
down €33,303 (-7.8%), from €425,235 to €391,932
of which Other amounts payable: -€424,062
- Trade debts -€29,178
down €29,178 (-82.2%), from €35,496 to €6,318
- Tax, wage and social debts -€17,045
down €17,045 (-66.1%), from €25,787 to €8,741
- Profit (loss) carried forward -€12,854
down €12,854 (-17.9%), from €71,945 to €59,091
- Current portion of long-term debt -€10,933
down €10,933 (-90.3%), from €12,105 to €1,173
- Gross operating margin -€39,745
down €39,745 (-61.3%), from €64,855 to €25,110
- Taxes -€8,576
no longer reported in 2025 (was €8,576)
- Depreciation +€5,333
up €5,333 (+24.3%), from €21,968 to €27,301
From the 2024 result to the 2025 result
Each bar is the change in one income-statement line, as its effect on the result: higher costs pull it down, higher income lifts it.
Derived cash bridge
Derived from the 2024 and 2025 balance sheets and the 2025 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €579,051 | €475,850 | -€103,202 | -17.8% |
| Fixed assets | 21/28 | €344,271 | €323,644 | -€20,627 | -6.0% |
| Tangible fixed assets | 22/27 | €344,271 | €323,644 | -€20,627 | -6.0% |
| Land and buildings | 22 | €294,246 | €291,518 | -€2,728 | -0.9% |
| Plant, machinery and equipment | 23 | €19,346 | €7,969 | -€11,377 | -58.8% |
| Furniture and vehicles | 24 | €30,678 | €24,157 | -€6,522 | -21.3% |
| Current assets | 29/58 | €234,781 | €152,206 | -€82,575 | -35.2% |
| Amounts receivable after more than one year | 29 | - | €0 | = | |
| Trade receivables | 290 | - | €0 | = | |
| Amounts receivable within one year | 40/41 | €102,891 | €46,690 | -€56,201 | -54.6% |
| Trade receivables | 40 | €102,891 | €39,799 | -€63,093 | -61.3% |
| Other amounts receivable | 41 | - | €6,892 | +€6,892 | |
| Cash at bank and in hand | 54/58 | €131,183 | €105,392 | -€25,791 | -19.7% |
| Deferred charges and accrued income | 490/1 | €706 | €124 | -€582 | -82.5% |
| Total equity and liabilities | 10/49 | €579,051 | €475,850 | -€103,202 | -17.8% |
| Equity | 10/15 | €80,429 | €67,575 | -€12,854 | -16.0% |
| Contributions | 10/11 | €6,205 | €8,065 | +€1,859 | +30.0% |
| Reserves | 13 | €2,278 | €419 | -€1,859 | -81.6% |
| Non-distributable reserves | 130/1 | €1,859 | €0 | -€1,859 | -100% |
| Reserves not available under the articles | 1311 | €1,859 | €0 | -€1,859 | -100% |
| Tax-exempt reserves | 132 | €419 | €419 | = | 0.0% |
| Profit (loss) carried forward | 14 | €71,945 | €59,091 | -€12,854 | -17.9% |
| Investment grants | 15 | - | €0 | = | |
| Amounts payable | 17/49 | €498,623 | €408,275 | -€90,348 | -18.1% |
| Amounts payable after more than one year | 17 | €425,235 | €391,932 | -€33,303 | -7.8% |
| Financial debts | 170/4 | €1,173 | €391,932 | +€390,760 | +33,327% |
| Other amounts payable | 178/9 | €424,062 | - | -€424,062 | |
| Amounts payable within one year | 42/48 | €73,388 | €16,343 | -€57,045 | -77.7% |
| Current portion of amounts payable after more than one year | 42 | €12,105 | €1,173 | -€10,933 | -90.3% |
| Trade debts | 44 | €35,496 | €6,318 | -€29,178 | -82.2% |
| Suppliers | 440/4 | €35,496 | €6,318 | -€29,178 | -82.2% |
| Advances received on contracts in progress | 46 | - | €111 | +€111 | |
| Taxes, remuneration and social security | 45 | €25,787 | €8,741 | -€17,045 | -66.1% |
| Taxes | 450/3 | €25,787 | €8,741 | -€17,045 | -66.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €21,968 | €27,301 | +€5,333 | +24.3% |
| Other operating charges | 640/8 | €8,570 | €7,939 | -€631 | -7.4% |
| Non-recurring operating charges | 66A | - | €2,059 | +€2,059 | |
| Gross operating margin | 9900 | €64,855 | €25,110 | -€39,745 | -61.3% |
| Operating profit (loss) | 9901 | €34,317 | -€12,189 | -€46,506 | |
| Financial income | 75/76B | €160 | - | -€160 | |
| Recurring financial income | 75 | €160 | - | -€160 | |
| Financial charges | 65/66B | €1,105 | €664 | -€440 | -39.8% |
| Recurring financial charges | 65 | €1,105 | €664 | -€440 | -39.8% |
| Profit (loss) for the period before taxes | 9903 | €33,373 | -€12,854 | -€46,226 | |
| Income taxes | 67/77 | €8,576 | - | -€8,576 | |
| Profit (loss) for the period | 9904 | €24,796 | -€12,854 | -€37,650 | |
| Profit (loss) for the period to be appropriated | 9905 | €24,796 | -€12,854 | -€37,650 |
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 19 October 2026 via checked.be.